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Lot
295
Auction: 26th February 2026 Live Stream Auction 26/02/2026 - Bidding opens Thursday 26th February 9:00 AM

Lerry Mills, Talybont SY24 5ED

Guide Price
£450,000 plus
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Property Details
Location
Auction Details
Description
An outstanding and unique opportunity to acquire a historic site of approximately 7 acres of outstanding natural beauty, woodland, river and fishing rights. Also including residential and commercial buildings dating back to the 1600s (Possible records from Roman times are said to exist also, but unconfirmed)

Bought at auction 100 years ago in 1926 and retained in the same family ownership the site consisted of 6 x 1 bedroom weavers cottages which were converted in the 1960s - 80s to 3 cottages and a shop with one cottage also benefitting from a rear extension.

The site once a part of the Gogerddan Estate consists of the following:

3 cottages requiring refurbishment
Car park for over 15 vehicles
Mature woodland consisting of Oak, Pine, Ash and Sycamore trees with a track for vehicle access
River with fishing rights
Mills:
Mill 1 - Weaving Shed
Mill 2 - Little shop (Originally believed to be a flour mill)
Mill 3 - Top Mill used as a spinning and carding mill
Mill 4 - Dye Shed
Mill 5 - Lloft Mari weaving shed

It has been advised the Mills are Grade II listed buildings. Buyers are advised to refer to the local search within the legal pack, and carry out their own due diligence.

There is further potential to add additional dwellings on the site STPP, we have been informed by the sellers that local planners have suggested that there could be a feasible option to construct a further 3 dwellings with access available on the roadside boundary (we recommend any interested parties to carry out their own due diligence regarding any planning).

The site is set within an area of renowned natural beauty with the river Leri running through it within the wooded valley, it offers good fishing and once had the water power to run the Woollen Mill Machinery, this could be further enhanced with an opportunity to add glamping or holiday lodges on the site to offer long term or holiday accommodation (STPP) due to its location and scenic appeal.

Viewings will be available and it is recommended you contact our office for further details.

Please click on the virtual tour to watch an extensive video of the site (approx 10 mins).
Costs
Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms. 
General

Draft Sales Particulars
These sales details are awaiting vendor approval

Drainage and Water
We refer Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

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